A unique opportunity to buy a stunning, detached dorma-bungalow, built in 2024 and providing wonderfully bright, open-plan living in a sought-after residential location. Built into a fine plot, the property provides 1227 sq. ft of living accommodation and has an excellent B (81) EPC rating.
On the ground floor, an external door opens to an entrance hall with 2 bedrooms off. One of these is currently in use as an office, so the property offers flexibility of use. A cloakroom also off the hallway provides a basin and a second WC. The entrance way opens to a super spacious lounge with a dining area and kitchen, all open plan. The lounge is a big space with windows to the side and French doors accessing a paved patio at the side of the house and a superb, private lawned garden at back of the property.
The dining area is a social space with a staircase off extending to the 1st floor and the kitchen has cupboards and units to 3 sides and the appliances are included.
Upstairs, the landing provides storage, 2 excellent bedrooms across the full width of the house and the bathroom has a basin, WC and a bath with a shower over.
To the side of the property is a wide plot providing lots of off-road parking and passageways to each side of the bungalow link the front to the rear garden.
All installations are 2 years old, with gas central heating, uPVC double glazing throughout and top-quality fixtures and fittings.
Photos, a floorplan and a virtual tour are available to view within this representation.
The property is offered for sale with NO CHAIN and VACANT POSSESSION
Tenure : Freehold
Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.
The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.
This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.
Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.
This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.
Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.
This is the percentage of the rent that you will spend maintaining the property.
Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.
Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.
This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.
This is the assumed rate of house price inflation.
This is the property value at the end of the investment based on an assumed rate of % house price inflation.
| Tax Band | % | Taxable Sum | Tax |
| less than £250k | 0 | ||
| £250k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
| Tax Band | % | Taxable Sum | Tax |
| less than £250k | 3 | ||
| £250k to £925k | 8 | ||
| £925k to £1.5m | 13 | ||
| rest over £1.5m | 15 |
| Tax Band | % | Taxable Sum | Tax |
| less than £425k | 0(5)** | ||
| £425k to £625k | 5 | ||
| £625k to £925k | 5 | ||
| £925k to £1.5m | 10 | ||
| rest over £1.5m | 12 |
Company Registration Number: 4179534
